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Triplex with Shared Basement Laundry

1511 E 4th St, Duluth, MN 55812

For Sale
$349,900

MULTI-FAMILY, Duluth, MN

Property Size4,244 SF
Lot Size0.16 Acres
Price / SF$82.45
Days on Market61

Property Features for 1511 E 4th St

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 1
Rooms Bedroom 3, Bedroom 1, Bedroom 6, Basement, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 5
Elementary school district Duluth #709
Middle school district Duluth #709
High school district Duluth #709
Directions E on 4th St to 1511 E 4th St
Subdivision LSAR
Standard status Active
APN 010-1480-08130
Size 4,244 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4766

Utilities

Heating system Natural Gas

Amenities

off-street parking
shared basement with laundry
secure coded entrance

Building Details

Year built 1905
Floors in Building 3
Number of units 3
Roof type Shingle
Buildings 1
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Jordan Decaro · License #40286367|WI79981-94
Added: Sep 8 Changed: Oct 27 Last Checked: Nov 7 at 10:06PM
MLS# 6127851

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1905, this 4,244-square-foot triplex contains three licensed rental units. Two apartments are vacant, while the third is leased through July 30, 2027. Natural gas provides heat, and the building has a shingle roof.

A shared basement contains laundry facilities and is reached through a coded exterior entrance. The property occupies a 0.16-acre lot and includes off-street parking.

Key Highlights

  • Three licensed rental units in a 4,244‑square‑foot building
  • Two units are vacant; one is leased through July 30, 2027
  • Shared basement laundry accessed through a coded exterior entrance

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,724
Businesses Nearby

Demographics for 55812, MN

10,571
Population
3,954
Households
2.7
Avg Household Size
27
Median Age
60%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
5,564
Density / Sq Mi
$66,961
Median Household Income
$16,485
Median Earnings
$1,216
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three licensed apartments share basement laundry facilities and have off-street parking.
Where is this triplex located?
The property is located at 1511 E 4th St Duluth, MN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Three licensed rental units in a 4,244‑square‑foot building; Two units are vacant; one is leased through July 30, 2027; Shared basement laundry accessed through a coded exterior entrance
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